Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v2.4.1.9
COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Rent expense under these leases
Rent expense under these leases was as follows:
 
 
Years ended December 31,
In millions
 
2014
 
2013
 
2012
Rent expense
 
$
195

 
$
186

 
$
176

Schedule of capital leases by major property class
The following is a summary of the leased property under capital leases by major classes:
 
 
December 31,
In millions
 
2014
 
2013
Building
 
$
105

 
$
103

Equipment
 
98

 
97

Other
 
15

 
16

Less: Accumulated depreciation
 
(105
)
 
(96
)
Total
 
$
113

 
$
120

Future minimum lease payments due under capital and operating leases
Following is a summary of the future minimum lease payments due under capital and operating leases, including leases in our rental business, with terms of more than one year at December 31, 2014, together with the net present value of the minimum payments due under capital leases:
In millions
 
Capital Leases
 
Operating Leases
2015
 
$
23

 
$
152

2016
 
22

 
119

2017
 
13

 
104

2018
 
11

 
81

2019
 
8

 
71

After 2019
 
41

 
105

Total minimum lease payments
 
$
118

 
$
632

Interest
 
(31
)
 
 

Present value of net minimum lease payments
 
$
87